Nidec Reports on the Progress After the Release of Nidec's Letter of Intent and on Nidec's Opinion

Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com

Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) (“Nidec”) reports on the progress after its release of the letter of intent dated December 27, 2024 in the press release titled "Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)," and on Nidec's current opinion regarding this matter.

Full version of this press release: https://www.nidec.com/en/corporate/news/2025/news0225-01/
Presentation for press conference on 26 February: https://www.nidec.com/en/corporate/news/2025/news0226-01/

View source version on businesswire.com: https://www.businesswire.com/news/home/20250227189226/en/